The dip in the gold price has contributed to GPR hitting a 4 month low this week.
Today's announcement is the third time GPR have forecast achieving Tranches 2 and/or 3 for Woodlark in a greatly reduced time period than the two years allowed for in the deal.
See also the announcement of achieving Tranche 1 last month and any existing or considering shareholder should definitely view this presentation given last month by the MD where expected timing of progressing to next tranches is discussed:
http://www.sydneyminingclub.org/presentations/2016/october/geopacific/index.html
I was fortunate enough to top up at 3.3 cents this week and have my parcel of shares intact awaiting further announcements.
The Cambodian project I also have high hopes for knowing they have partnered there with the ideal local conglomerate the "Royal Group".
Now its time to sit back and await the development work results to come through for Woodlark with their express intention to attain 75% of the project within months.
Recommend DYOR here.
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